Gaming revenue in Nevada breaks record and exceeds US$ 1.3 billion

The month of February was marked by a historic number for Nevada's gaming industry, especially for the state's casinos, which saw their revenues reach a new peak. According to the Nevada Gaming Control Board (NGCB), establishments grossed more than $1.34 billion at their gaming...
In a statement released on Monday (19) to the Las Vegas Review-Journal newspaper, MGM Resorts clarified that Bruno Mars "has no debt to MGM." The company emphasized that the partnership with the singer is long-standing and based on mutual respect, classifying any speculation to...
Las Vegas attracted a record number of foreign visitors in 2023, with a significant increase of 39%. Canadians led this growth, followed by tourists from the United Kingdom, Germany, Australia and Brazil. The Las Vegas Convention and Visitors Authority reported that the city received...
Mohegan Gaming & Entertainment, the company responsible for the Mohegan tribe's casinos in Connecticut, will end its management contract at the Resorts Casino Hotel in Atlantic City by the end of this year. The tribe recently announced the end of an era that began...
https://youtu.be/pgHdskspbNI The betting boom in Brazil, the consolidation of Las Vegas as the home of American sports and the future of the United States industry were the topics of an exclusive interview with Stephen Crystal, founder of SCCG Management and one of...

Tropicana Las Vegas, site of new Oakland Athletics stadium, will close on April 2

The historic Tropicana Las Vegas casino hotel is scheduled to close on April 2, paving the way for construction of the Oakland Athletics baseball team's new stadium on the famous Las Vegas Strip. Thus, the Tropicana, one of the favorite places of Frank Sinatra...
Gaming revenue in the state of Nevada increased 0.8% year-on-year to $1.28 billion in January, the latest record for the first month of the year. In other words, revenue was slightly higher than US$1.27 billion in January 2023, but 10.5% behind the collection of...
Bruno Omori, president of IDT-CEMA (Institute for Development, Tourism, Culture, Sport and Environment), cited the opportunities and economic impacts of casinos and gaming in Brazil during ESFE 2024 (Meeting of the Fairs and Events Sector). He highlighted the importance of bringing together entities to...

JPMorgan points to Wynn Resorts share appreciation in 2024

Wynn Resorts shares have performed remarkably well this year, gaining 12.8%, outperforming the S&P 500 by more than 600 basis points. According to JPMorgan analyst Joseph Greff, Wynn is seen as a great value play right now. JPMorgan says appreciation is...
Macau experienced a real frenzy in its renowned casinos during the Chinese New Year festive period. With more than 1.35 million tourists flooding the Chinese Special Administrative Region, this holiday was a true celebration for Macau's gambling industry. Data released by the Macau Public...

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